Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017...
Transcript of Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017...
March 2017
Release Date: April 7, 2017
Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey
U.S. Bureau of Labor Statistics
202-691-6555Email CES
Contents
Summary
Mining & Logging
Construction
Manufacturing
Wholesale Trade
Retail Trade
Transportation, Warehousing, & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Current Employment Statistics Highlights
Detailed Industry Employment Analysis
Current Employment Statistics
Highlights
Current Employment Statistics Summary, March 2017
CES Highlights
Release Date: April 7, 2017
Services to building and dwellings added
17,000 jobs in March following little change in
February; the average change over the 2-
month span is in line with recent employment
trends.
+11,000 Mining and Logging
Mining employment rose by 11,000 in
March, largely in support activities for mining
(+9,000). Since a recent employment low in
October, mining has added 35,000 jobs.
Nonfarm employment edged up in March
(+98,000), following gains in January
(+216,000) and February (+219,000).
In March, professional and business services
and mining added jobs, while employment in
retail trade declined.
The employment changes for February and
January incorporate downward revisions
totaling 38,000.
Average hourly earnings of all private-
sector employees increased by 5 cents,
following a 7-cent gain in February. Hourly
earnings are up 2.7 percent over the year.
Average weekly hours were unchanged at 34.3
hours in March.
+56,000 Professional and Business Services
Employment continued to trend up in
professional and technical services in March
(+22,000). Within this industry, architectural
and engineering services added jobs (+7,000);
monthly employment growth has averaged
7,000 thus far in 2017, compared with an
average +2,000 per month in 2016.
190
151
272
329
246
304
202
230
280
227
312
255
234
238
86
262
344
206
254
157
100
321
272
239
126
237
225
153
43
297
291
176
249
124
164
155
216
219
98
0
50
100
150
200
250
300
350
400
Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17
Employment in total nonfarmOver-the-month change, January 2014–March 2017Seasonally adjusted, in thousands
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.Most recent 2 months of data are preliminary.
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: April 7, 2017
-30,000 Retail Trade
In retail trade, general merchandise stores
lost 35,000 jobs in March. Employment in
general merchandise stores has declined by
89,000 since October.
+16,000 Education and Health Services
Among health care providers, employment
rose in hospitals (+9,000) and in outpatient
care centers (+6,000). Thus far this year,
health care has added an average of 20,000
jobs per month, compared to 32,000 per
month in 2016.
+6,000 Construction
Construction employment changed little
following a strong gain in February (+59,000).
Year to date, job growth has averaged 33,000
per month.
+11,000 Manufacturing
Manufacturing employment changed little
in March. However, since November 2016,
employment in the industry has trended up by
an average 17,000 per month. In the 12
months ending in November 2016,
employment had changed by an average -
2,000 per month.
+9,000 Financial Activities
Employment in financial activities continued
to trend up in March (+9,000). Over the year,
employment has increased by an average
15,000 per month.
9
1
9
16
56
9
-3
-1
4
-30
0
11
6
11
-60 -40 -20 0 20 40 60 80
Government
Other services
Leisure and hospitality
Education and health services
Professional and business services*
Financial activities
Information
Utilities
Transportation and warehousing
Retail trade
Wholesale trade
Manufacturing
Construction
Mining and logging*
Employment in total nonfarm
March 2017 Prior 12-month average
Over-the-month change, March 2017Seasonally adjusted, in thousands
Total nonfarm:98
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.
Data are preliminary.
* denotes significance
Current Employment Statistics Survey Summary, March 2017
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Employment in mining increased by
11,000 in March. Since October 2016,
the industry has gained 35,000 jobs.
Support activities for mining added
9,000 jobs in March and 27,000 jobs
since October2016. The employment
gains are consistent with increases in
domestic oil-rig counts, which rose 5
percent in March.
3 3
8
6
0
2
4
2
5
-6
-1
-2
-6
-9
-14
-11
-22
-2
-10
-10
-12
-6
-11
-8
-12
-17
-14
-5 -5 -4
-2 -3
-1
-2
3
2
5
8 9
-30
-25
-20
-15
-10
-5
0
5
10
15
Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17
Employment in support activities for mining
Over-the-month change, January 2014–March 2017
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.
Most recent 2 months of data are preliminary.
Seasonally adjusted, in thousands
Mining and Logging
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: April 7, 2017
Construction employment changed
little in March (+6,000), following a
gain of 59,000 in February.
Thus far in 2017, construction has
added an average 33,000 jobs per
month, compared to an average
increase of 20,000 during the last 4
months of 2016.
56
21
37 39
26
20
42
30
27
20
18
23
44
26
-11
44
37
14
21
15
8
44
55
39
11
23
43
-1
-14
0
18
-4
23
16
28
12
34
59
6
-40
-20
0
20
40
60
80
Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17
Employment in constructionOver-the-month change, January 2014–March 2017
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.
Most recent 2 months of data are preliminary.
Seasonally adjusted, in thousands
Construction
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: April 7, 2017
Employment in manufacturing was
little changed in March (+11,000), after
increasing in February. Since November,
this industry has added 67,000 jobs.
The manufacturing diffusion index fell
from 67.9 to 52.6, demonstrating that
growth in the industry was less
widespread in March. A value above 50
indicates that more component
industries gained jobs than lost them.
Average weekly hours of all
employees in manufacturing ticked
down by 0.2 to 40.6 hours. The average
workweek of production employees also
ticked down by 0.2 to 41.8 hours.
Manufacturing
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: April 7, 2017
Employment in wholesale trade was unchanged in March,
though the industry has added 46,000 jobs in the most recent
12-month period.
5,200
5,400
5,600
5,800
6,000
6,200
Jan-07 Jan-09 Jan-11 Jan-13 Jan-15 Jan-17
Employment in wholesale trade
March 2017 Level: 5,902OTM Change: 0
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.
Shaded area represents recession as denoted by the National Bureau of Economic Research.
Most recent 2 months of data are preliminary.* denotes significance
January 2007–March 2017Seasonally adjusted, in thousands
Wholesale Trade
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: April 7, 2017
In March, employment in retail trade declined by 30,000.
General merchandise stores lost 35,000 jobs in March. Since October, this industry has shed 89,000 jobs. Within general merchandise stores, employment in department stores decreased by 13,000 in March and by 46,000 over the past 5 months. Employment in other general merchandise stores, such as supercenters and warehouse clubs, declined by 22,000 in March following a loss of 17,000 in February.
Retail Trade
CES Highlights
Release Date: April 7, 2017
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Employment in transportation and
warehousing was largely unchanged in
March (+4,000). However, over the past
12 months, employment in the industry
has grown by 89,000 jobs, or 1.8
percent.
3,800
4,000
4,200
4,400
4,600
4,800
5,000
5,200
5,400
Jan-07 Jan-09 Jan-11 Jan-13 Jan-15 Jan-17
Employment in transportation and warehousing
March 2017 Level: 5,047OTM Change: 4
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.
Shaded area represents recession as denoted by the National Bureau of Economic Research.
Most recent 2 months of data are preliminary.* denotes significance
January 2007–March 2017Seasonally adjusted, in thousands
Transportation and Warehousing
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: April 7, 2017
In March, employment in utilities
changed little (-1,000).
-1
0
2
-1
0
1
0
2
-1
1
1
2
0
-1
1
0
1
0
2
1
-1
-1
1
0
-1
1
-1
0
-2
2
1
-1
1
0 0
0
-1 -1
-1
-3
-2
-1
0
1
2
3
Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17
Employment in utilitiesOver-the-month change, January 2014–March 2017
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.
Most recent 2 months of data are preliminary.
Seasonally adjusted, in thousands
Utilities
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: April 7, 2017
In March, employment in information
changed little (-3,000). This is the sixth
consecutive month of weakness with
information losing a total of 39,000 jobs
since a recent peak in September 2016.
Telecommunications accounted for 63
percent of the losses within the industry
during this period.
-3
-6
5
-2
-4
5 4
9
-1
-6
9
0
2 1
-7
7 8
-1
9
-1
9
4
-12
6
1
10
6
2
-42
41
-2
0
8
-6
-12
-6
-8
-4 -3
-50
-40
-30
-20
-10
0
10
20
30
40
50
Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17
Employment in informationOver-the-month change, January 2014–March 2017
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.
Most recent 2 months of data are preliminary.
Seasonally adjusted, in thousands
Information
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: April 7, 2017
Employment in financial activities continued to trend up in March
(+9,000). So far this year, financial activities has added 45,000 jobs,
primarily due to a gain in finance and insurance (+29,000).
Employment in credit intermediation and related activities edged up in
March (+6,000), driven by an increase of 3,000 in activities related to credit
intermediation.
1
17
3
8
9
13 1
4
12
15
8
18
10
20
10
13
3
9
16
18
13
5
13
16
10
19
6
18
18
14
17
20
15
9
6
12
22
30
6
9
-10
-5
0
5
10
15
20
25
30
35
40
Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17
Employment in financial activitiesOver-the-month change, January 2014–March 2017
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.
Most recent 2 months of data are preliminary.
Seasonally adjusted, in thousands
1
1
1
1
6
-2 0 2 4 6 8
Real estate and rental and leasing
Insurance carriers and related activities
Securities and commodities
- Commercial banking
Credit intermediation°
Employment in selected financial activities
March 2017 Prior 12-month average
Over-the-month change, March 2017Seasonally adjusted, in thousands
Financial activities:
9
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.
Data are preliminary.
˚Includes additional component industries not shown separately.* denotes significance
Financial Activities
CES Highlights
Release Date: April 7, 2017
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Professional and business services employment grew by 56,000 in
March. In the first quarter of 2017, professional and business services has
added 151,000 jobs, compared to a gain of 137,000 during the fourth
quarter of 2016.
In March, the larger share of the employment gain was seen in
administrative and waste services (+33,000), with services to buildings and
dwellings adding 17,000 jobs. Employment changed little in temporary
help services (+11,000).
Employment in professional and technical services continued to trend
up in March (+22,000). Architectural and engineering services added 7,000
jobs over the month; employment in the industry is now just 5,000 away
from recovering all the jobs lost during its most recent downturn. In
March, both management and technical consulting services (+8,000) and
computer systems design and related services (+5,000) continued their
upward employment trends and are the top contributors to employment
growth during the current expansion.
60
69
43
62
40
61
43
55
44
27
56
72
27
53
23
55
74
58
38
31
2
80
41
56
-5
25 26
66
28
59
84
31
83
55
46
36
59
36
56
-10
0
10
20
30
40
50
60
70
80
90
Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17
Employment in Professional and business services
Over-the-month change Annual average
Over-the-month change, January 2014 - March 2017Seasaonally adjusted, in thousands
Mar-17: 56Prior-12: 51
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017Most recent 2 months of data are preliminary.* denotes significance
*
7
17
33
1
5
7
8
22
0 5 10 15 20 25 30 35 40
-Employment services
-Services to buildingsand dwellings*
Administrative and wasteservices
Management of companiesand enterprises
-Computer systems designand related
-Architectural andengineering*
-Management and technicalconsulting
Professional and technicalservices
Employment in Professional and business servicesOver-the-month change, March 2017Seasonally adjusted, in thousands
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.Data are preliminary.* denotes signifnace
Professional and Business Services
CES Highlights
Release Date: April 7, 2017
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Employment in private education and
health services changed little in March
(+16,000).
Health care employment continued to
trend up in March (+14,000), driven by
gains in hospitals (+9,000) and
outpatient care centers (+6,000). Health
care has added an average of 20,000
jobs per month so far this year,
compared to an average increase of
32,000 per month in 2016.
-2
9
2
6
-2
7
-10 -5 0 5 10 15 20 25
Nursing and residential care
Hospitals*
- Home health care services
- Outpatient care centers*
- Offices of physicians
Ambulatory health care services°
Employment in selected health care industries
March 2017 Prior 12-month average
Over-the-month change, March 2017Seasonally adjusted, in thousands
Health care industries:
14
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.
Data are preliminary.
˚Includes additional component industries not shown separately.* denotes significance
Private Education and Health Services
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: April 7, 2017
In March, leisure and hospitality
employment changed little (+9,000).
Food services and drinking places
employment continued to trend up in
March (+22,000), but was partially offset
by weakness in arts, entertainment, and
recreation (-12,000).
So far this year, food services and
drinking places has added an average of
20,000 jobs per month, in line with the
2016 average monthly change
(+23,000). This continued upward trend
coincides with strength seen in the
Consumer Confidence Index (CCI) in
March, which reached its highest level
since December 2000.
23
7
61
37 4
0
25
14
23
31
25 26
36
18
46
12
37
34
47
40
26
36
53
31
38
30
28
33
17
25
22
19
32
21
12
24
15
18 19 2
2
-20
0
20
40
60
80
Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17
Employment in food services and drinking placesOver-the-month change, January 2014–March 2017
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.
Most recent 2 months of data are preliminary.
Seasonally adjusted, in thousands
Leisure and Hospitality
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: April 7, 2017
Employment in other services was
essentially flat in March (+1,000).
However, this industry has added 54,000
jobs over the year. Personal and laundry
services accounted for 71 percent of the
job gains during this period.
8
0
19
12
3
-3
2
15
-6
5
12
0
6 6
1
7
11
-4
11
-10
0
10
9
12
-4
17
6
4
-7
16
2
10
13
3
7
-17
12
10
1
-30
-20
-10
0
10
20
30
Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17
Employment in other servicesOver-the-month change, January 2014–March 2017
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.
Most recent 2 months of data are preliminary.
Seasonally adjusted, in thousands
Other Services
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: April 7, 2017
Employment in government changed
little in March (+9,000). Since September
2016, government employment has
been essentially flat (+2,000).
21,400
21,600
21,800
22,000
22,200
22,400
22,600
22,800
23,000
23,200
23,400
Jan-07 Jan-09 Jan-11 Jan-13 Jan-15 Jan-17
Employment in government
March 2017 Level: 22,318OTM Change: 9
Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.
Shaded area represents recession as denoted by the National Bureau of Economic Research.
Most recent 2 months of data are preliminary.* denotes significance
January 2007–March 2017Seasonally adjusted, in thousands
Government
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: April 7, 2017
Prepared by Staff of the National Estimates Branch Current Employment Statistics Survey U.S. Bureau of Labor Statistics 202-691-6555 Email CES
CES Analysts
Michael Calvillo
Wander Cedeño
Tyler Downing
Brittney Forbes
Mike McCall
Michael Osifalujo
Edward Park
Trinity Wade
Julia Wolfe
Current Employment Statistics Highlights
Detailed Industry Employment Analysis